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Wix

60 stories about Wix

“Show me the monAI”: Wall Street demands real returns from artificial intelligence
05.03.25|Sophie ShulmanThe era of AI speculation is over—now, it's about delivering measurable business results.
Wix reports record profit but sticks to conservative 2025 forecast
19.02.25|Sophie ShulmanCompany's AI rollout expected to boost growth, but impact remains uncertain.
Wix reports record profit but sticks to conservative 2025 forecast
19.02.25|Sophie ShulmanCompany's AI rollout expected to boost growth, but impact remains uncertain.
Wix returns to $10 billion valuation amid strong revenue growth
20.11.24|Sophie ShulmanBookings rise 15% as the company accelerates its path to $2 billion in annual revenue.
“I'd like Wix to become a $100 billion company”
07.10.24|Diana Bahur-NirNir Zohar, President of Wix, which is traded at a valuation of over $8.5 billion, is optimistic the company is well-positioned to increase its profitability. He takes pride in its Israeli identity, is unafraid to express a clear stance on the fight for democracy, and has an optimistic outlook even after the events of October 7.
Wix surprises with consistent double-digit growth, boosts annual forecast
07.08.24|Sophie ShulmanThe Israeli website-building company continues to demonstrate a double-digit growth rate, with the fastest-growing segment being revenue from business partners who create websites for their clients. Wix more than doubled its operating profit in the second quarter, and revenues increased by 12%.
Wix VP: “With AI you can get the same visual content that the big guys are getting.”
03.07.24|James SpiroOren Inditzky, VP and GM of Online Stores at Wix, spoke to CTech about the democratization of sales in the AI age
Wix increases profit, upgrades forecast for 2024
20.05.24|Sophie ShulmanWix's revenues in the first quarter amounted to $419.8 million, while GAAP net income reached $24 million
Wix registers first full year net profit, forecasts acceleration in “profitable growth in 2024”
21.02.24|Sophie ShulmanThe software company ended 2023 with revenues of $1.56 billion, a 13% growth compared to 2022. GAAP net income amounted to $33.1 million
Israeli software companies thrive amidst macroeconomic transformation
06.08.23|Sophie ShulmanGrowth and cash reserves bolstered the bottom line in the financial reports of Wix, Fiverr, JFrog, and even Lemonade
Wix’s quick fix: Website builder increases full year growth outlook after cutting 18% of workforce
17.05.23|Sophie ShulmanWix reported a 10% growth in first quarter revenues to $374 million and now expects to end the year with 10-11% revenue growth, compared to 9% in its previous outlook
The Wix fix: “We began implementing further cost efficiency measures; reduced headcount by 15%"
22.02.23|Sophie ShulmanWix laid off around 370 employees last week, most of them in support centers in the US. On top of the $150 million cost reduction plan announced in August 2022, the company is implementing an incremental $50 million of cost savings in 2023
Wix cuts another 370 jobs in second round of layoffs in six months
15.02.23|Sophie ShulmanThe website building company will part with over 6% of its workforce, with most of the layoffs being made in the customer care department
Wix announces $150 million cost-cutting plan as bragging backfires
11.08.22|Sophie ShulmanJust three months ago the company's CEO boasted on social media that the only cuts he will be making will be in the brand of alcohol at the company, but this week it already announced the laying off of 100 employees
The hits keep coming: Plummeting tech giants turn focus to profitability and streamlining in turbulent times
19.05.22|Sophie SulmanFollowing the collapse in technology stocks, the Israeli representatives on Wall Street changed their tone and began to talk about profitability and efficiency instead of glorifying growth
“Globalization is a very big question, and localization is an even bigger question”
01.05.22|James SpiroAmit Sagiv, Co-Head of Wix Payments at Wix, shares how the company can accommodate the needs of billions around the world
“DevOps is a culture, it's not a job description”
20.03.22|James SpiroAviran Mordo, Wix’s VP of Engineering, talks about the dev-centric culture it fosters for its 1,200 engineers
Russia-Ukraine conflict presenting Israeli tech with real-world challenges
27.02.22|Sophie ShulmanWhile the world’s eyes are glued to the news, Israeli high-tech companies with centers in the Ukraine attempt to move hundreds of their workers out of the country
Filling the Israeli tech talent pool
04.10.21|Daniel Farber-Ball Tech recruitment has become a nationwide concern, so how do the heads of Wix, Fiverr, and other top companies face the challenge?
Tasq.ai raises $4 million in Seed led by former Wix exec
30.09.21|James SpiroThe Israeli startup’s AI development platform will “completely upend the way AI is built,” promises CEO

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